Kolaboro / Projects / Philippines
Mandtra Residences Tower 3 (Phase 2): reviews and facts
What is published about Mandtra Residences Tower 3 (Phase 2) in P. Basubas Street, Tipolo, Mandaue City, Cebu, Philippines, what official registers and other sources say, and what changed over time. Facts only, each with its source.
- Location
- P. Basubas Street, Tipolo, Mandaue City, Cebu, Philippines
- Stage
- under construction · active cebulandmasters.com
- Handover on record
- Q2 2027 cebulandmasters.com
- Permit or licence number
- LS-RO7-21-013 (printed for Tower 3 in the developer presentation); registry lists Tower 3 Phase 2 under PLS RO07-21-087 and RO07-21-085 cebu-for-rent.net
- Deposit protection
- not researched yet
- Page we read
- cebulandmasters.com cebulandmasters.com
- Last checked
- 5 Nov 2026
- Open data record
- PHL-002
In short
- Mandtra Residences Tower 3 (Phase 2) is listed as under construction in P. Basubas Street, Tipolo, Mandaue City, Cebu, Philippines, by Cebu Homegrown Developers, Inc.. cebulandmasters.com
- The handover date on record is Q2 2027. cebulandmasters.com
- A permit or licence number is published. cebu-for-rent.net
- Of 12 developer claims we checked, 2 are confirmed by a register or an independent source, 5 are not yet verified and 5 are contradicted by another source. Open data record
- The handover date moved 1 times in our records, by 18 months in total. promise tracker
What is promised
As published by the developer or on listing pages, in the wording of the source.
- Price from: PHP 3,700,000 - 7,216,776 cebulandmasters.com
- Units: 599 cebulandmasters.com
- Unit sizes: 21.04 - 41.48 m² cebulandmasters.com
- Unit types: studio, 1BR cebulandmasters.com
- Payment plan: PHP 20,000 reservation, 10% downpayment over 24 months, 90% bank financing cebulandmasters.com
- Ownership: Condominium unit; foreign ownership capped at 40% of a condominium project under Philippine law cebulandmasters.com
- Permit authority: DHSUD Region VII (License to Sell); Mandaue City (building permit) cebulandmasters.com
- Deposit: 10% cebulandmasters.com
- Construction start: March 2021 cebulandmasters.com
- Handover promised: Q2 2027 cebulandmasters.com
- Original handover date: 2025 (Tower 1, per 2021 launch) cebulandmasters.com
- developer presentation (Oct 2021) with Tower 3 floor plans by level, 599 units, 26 floors, and printed LTS numbers cebu-for-rent.net
- dated construction photo updates on the official CLI page (June, July, Aug 2026) cebu-for-rent.net
- agent price lists Sept 2026: Tower 3 studios 21.04 to 26.94 sqm at PHP 3.70m to 4.90m, 1BR 41.48 sqm cebu-for-rent.net
- payment plan 10% downpayment over 24 months, 90% bank financing; PHP 20,000 reservation cebu-for-rent.net
- virtual tour cebu-for-rent.net
Delivery and delay record
Every dated promise we found, how it changed and whether the date has passed. Status rules: promise tracker.
- Handover or completion: Q2 2027 date moved later · moved 1 times, 18 months in total
our research record of 1 Nov 2026 · Earlier dates on record: 2025 (1 Nov 2026) cebulandmasters.com
Permits and licences
- Number published: LS-RO7-21-013 (printed for Tower 3 in the developer presentation); registry lists Tower 3 Phase 2 under PLS RO07-21-087 and RO07-21-085. cebu-for-rent.net
- Developer presentation prints DHSUD LTS LS-RO7-21-087 for Tower 1 and LS-RO7-21-013 for Tower 3. REN.PH (DHSUD public records) lists PLS RO7-21-013 as 'Mandtra Residences' issued 18 Feb 2021 (before the Tower 3 launch), and PLS RO07-21-087 and RO07-21-085 as 'Tower 3 Phase 2' issued 13 Sept 2021; all three are shown as expired (Aug and Sept 2024). The only active record is LS 0000792 under Cebu La... cebu-for-rent.net
Live check in the official registers
Queries the official registers we can reach for this country now and shows what each returns. Each answer is hashed (SHA-256); nothing is invented, a register with no data says so.
The six buyer checks
Public means the information is published. The level says who confirms it. Method: how we score.
| Check | Public | Who confirms it | What we found |
|---|---|---|---|
| Permit or licence number | yes | contradicted by another source | Developer presentation prints DHSUD LTS LS-RO7-21-087 for Tower 1 and LS-RO7-21-013 for Tower 3. REN.PH (DHSUD public records) lists PLS RO7-21-013 as 'Mandtra Residences' issued 18 Feb 2021 (before the Tower 3 launch), and PLS RO07-21-087 and RO07-21-085 as 'Tower 3 Phase 2' issued 13 Sept 2021; all three are shown as expired (Aug and Sept 2024). The only active record is LS 0000792 under Cebu La... cebu-for-rent.net |
| Deposit protection | no | not published | No escrow or deposit protection published cebu-for-rent.net |
| Construction progress | yes | stated only by the developer | Official CLI page carries dated construction photo sets (30 June, 31 July, 31 Aug 2026); no % published cebu-for-rent.net |
| Floor or site plans | yes | stated only by the developer | Developer presentation shows Tower 3 residential floor plans by level and unit types cebu-for-rent.net |
| Developer track record | yes | confirmed by an independent source | Cebu Landmasters Inc. is PSE-listed and manages the JV; MarketScreener and Philstar reported the 2021 launch cebu-for-rent.net |
| No guaranteed returns | yes | not published | No guaranteed returns from developer; one portal (irealtee) shows an 8% 'expected annual rental yield', not a developer claim cebu-for-rent.net |
Developer claims we tested
| Claim (source wording) | Result | Checked against | Source |
|---|---|---|---|
| Tower 3 License to Sell is LS-RO7-21-013 | contradicted | registry | ren.ph |
| Tower 3 Phase 2 licences PLS RO07-21-085 and RO07-21-087 are active | contradicted | registry | ren.ph |
| Developer entity Cebu Homegrown Developers, Inc. holds DHSUD licences for the project | verified | registry | ren.ph |
| JV between Cebu Landmasters Inc. and Ixidor Holdings, managed by CLI | verified | independent | marketscreener.com |
| First tower completed in 2025 | contradicted | gabrielrealtors.com | |
| Target completion Q2 2027 | not verified yet | gabrielrealtors.com | |
| Project completed in September 2024 (portal) | contradicted | irealtee.com | |
| Construction under way with dated updates to Aug 2026 | not verified yet | cebulandmasters.com | |
| Tower 3 has 599 units on 26 floors | not verified yet | cebu-for-rent.net | |
| Three towers totalling 1,879 units on 1.24 ha (CDN says 2.4 ha) | contradicted | independent | cebudailynews.inquirer.net |
| Tower 3 studios priced PHP 3.70m to 4.90m | not verified yet | ablcrealty.com | |
| Buyer payments protected by escrow | not verified yet | cebulandmasters.com |
What changed, with dates
- 1 Nov 2026: permit claimed: yes to no cebulandmasters.com
- 1 Nov 2026: permit number published: yes to no cebulandmasters.com
- Fingerprint of the developer page text on 5 Nov 2026: SHA-256
98feace54ab334ea.... Anyone can check it on kolaboro.com/verify. kolaboro.com/verify
Public reports
What public sources report, with the link. We list reports; we do not judge the developer.
- No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read.
About the developer
- Head office: Cebu City, Philippines cebulandmasters.com
- Legal entity: Cebu Homegrown Developers, Inc. (JV of Cebu Landmasters Inc. and Ixidor Holdings, Inc.) cebulandmasters.com
- Listed or audited: Cebu Landmasters Inc. listed on the Philippine Stock Exchange cebulandmasters.com
- Cebu Landmasters Inc. is PSE-listed and manages the JV; MarketScreener and Philstar reported the 2021 launch cebulandmasters.com
Similar projects
- Fortis Residences Philippines · under construction
- Mandani Bay Quay Philippines · under construction
- Haraya Residences Philippines · under construction
- Savoy Hotel Palawan (condotel) Philippines · under construction
- Moncello Crest Philippines · off-plan
Market context: Philippines
- We track 14 projects in Philippines. 79% publish a permit or licence number and 0% state deposit protection. kolaboro.com/m
Buyer reviews
There are no verified buyer reviews of Mandtra Residences Tower 3 (Phase 2) yet. We publish a review only from a buyer who proves the purchase (fingerprint of the contract or receipt, signed with a passkey) and only after a moderator has read it.
Reviews waiting for moderation are not shown.
Right of reply
Are you the developer? Send documents and we add your reply to this page. Found a wrong fact? Tell us and we correct it with a dated note.
Reply as the developer Report a correction Questions to ask the developer
Before you pay
Paste the project link for a free live check of what official registers say. For a full desk review and a site visit by a local agent, order the pre-purchase check.
Questions buyers ask
Is Mandtra Residences Tower 3 (Phase 2) legit?
Kolaboro does not label projects or developers. What the public record shows: A permit or licence number is published. Of 12 developer claims we checked, 2 are confirmed by a register or an independent source, 5 are not yet verified and 5 are contradicted by another source. The handover date on record is Q2 2027. No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read. Check the sources on this page and ask the developer for documents before paying.
When will Mandtra Residences Tower 3 (Phase 2) be delivered?
The handover date on record is Q2 2027. The handover date moved 1 times in our records, by 18 months in total.
Who is the developer of Mandtra Residences Tower 3 (Phase 2)?
Cebu Homegrown Developers, Inc., according to the sources listed on this page.
Does Mandtra Residences Tower 3 (Phase 2) have a permit or licence?
A permit or licence number is published: LS-RO7-21-013 (printed for Tower 3 in the developer presentation); registry lists Tower 3 Phase 2 under PLS RO07-21-087 and RO07-21-085.
Are there reviews of Mandtra Residences Tower 3 (Phase 2)?
There are no verified buyer reviews yet. Buyers who prove their purchase can submit one; it is published after moderation.
Sources
Every fact on this page links to its source. Pages we read are fingerprinted and kept by date.
- cebulandmasters.com https://www.cebulandmasters.com/properties/condominiums/mandtra-residences
- cebu-for-rent.net https://cebu-for-rent.net/wp-content/uploads/2023/04/Mandtra-Residences-Presmat-TOWER-3-oc...
- ablcrealty.com https://ablcrealty.com/properties/mandtra-residences/
- cebubestestate.com https://cebubestestate.com/property/mandtra-residences-in-mandaue-city/
- cebudailynews.inquirer.net https://cebudailynews.inquirer.net/560108/mandtra-residences-showroom-opens-in-mandaue-cit...
- gabrielrealtors.com https://gabrielrealtors.com/property/mandtra-residences-2/
- irealtee.com https://irealtee.com/properties/mandtra-residences-tower-3-phase-2-1
- ren.ph https://ren.ph/projects/cebu-homegrown-developers-inc-mk7t5e4z/mandtra-residences-tower-3-...
- ren.ph https://ren.ph/verify/lts?q=Mandtra
- marketscreener.com https://www.marketscreener.com/quote/stock/CEBU-LANDMASTERS-INC-64310128/news/Cebu-Landmas...
- philstar.com https://www.philstar.com/business/2021/04/04/2088653/cli-launches-new-cebu-condo-project
Last checked 5 Nov 2026. How we collect data: data policy. Facts quoted from sources are shown in the language of the source.